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American Skandia Named One of Fortune's "100 Best Companies to Work For".


Business Editor

SHELTON, Conn.--(BUSINESS WIRE)--Dec. 19, 2000

One of Three Connecticut-Based Companies on List

Educational Programs, Culture, Helped Win Spot

American Skandia, Inc., one of the nation's leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 providers, has been named one of FORTUNE Magazine's "100 Best Companies to Work For." This is the first time that American Skandia has been recognized in FORTUNE's annual list, which ranks those companies in America that offer their employees the best compilation of career development opportunities and perks perk 1  
v. perked, perk·ing, perks

v.intr.
1. To stick up or jut out: dogs' ears that perk.

2. To carry oneself in a lively and jaunty manner.
.

American Skandia ranked 38th, landing in between two world-wide conglomerates, Microsoft and Merck.

"The culture and environment we have developed is one of the great reasons that our employees take pride and ownership in American Skandia," said Wade Dokken, President/Chief Executive Officer. "The challenge is always to strive for that 'world-class' designation in all we do. The Fortune achievement is a great example of what we can achieve when we keep 'raising the bar' and believing in the mission of excellence."

The Fortune survey notes American Skandia's 42 percent job growth and the availability of 40 hours per year of professional training. In addition, the story mentions the on-site amenities made available to employees, including a day care, florist and hair salon A hair salon (also called 'Hairdresser' and 'Hair Parlour')is a place where one goes to get their hair cut, as well as styled, highlighted or coloured.

There are many different types of hair salons that one can choose to go to.
.

"At American Skandia, we've always recognized the importance of not only taking care of our employees, but creating an environment that will help them succeed," said Brett Winson, Senior Vice President of Intellectual Resources. "It's all part of what it means to be a community of people mutually committed to their self-development and the progress of the company in fun and exciting ways. It's all about culture, community, volunteerism and an enthusiasm for elevating our workplace to one that transcends 'work.' "

The FORTUNE survey is based on findings of the Great Places to Work Institute located in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation).

The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] 
. Two thirds of the scoring is based on the answers employees give to a 57-question survey that measures the level of trust, pride and camaraderie that exists in the workplace. The remaining one-third is based on company submissions including answers to the " Great Place to Work Culture Audit" -- with open-ended questions about the company's workplace practices, philosophy, and work environment- and a human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  questionnaire covering the company's benefits and other policies.

The survey emphasizes five major criteria including company culture, employee appreciation, management, benefits and flexibility.

This year's list is comprised of many of the top names in corporate America including Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, Wal-Mart Stores and Harley-Davidson. The list also includes American Skandia peers in the financial services industry, including American Century This article is about the term used for American power in the 20th century. For the investment company, see American Century Investments.

"American Century" is a term coined by Time
 and Edward Jones Edward, Eddie, or Ed Jones is the name of:

Edward Jones:
  • Edward Jones (statistician) (1856-1920), co-founder of the Dow-Jones index
  • Edward E. Jones (1927-1993), psychologist
  • Edward (Ted) G. Jones, neuroscientist
  • Edward P.
.

To date, financial advisors have entrusted more than $36 billion in assets across American Skandia's product lines, which include mutual funds, variable annuities Variable annuities

Investment contracts whose issuer pays a periodic amount linked to the investment performance of an underlying portfolio.
, variable life insurance and qualified retirement plans. Variable annuities, variable life insurance and qualified plans are issued by American Skandia Life Assurance Corporation. Mutual funds are issued by American Skandia Advisor Funds. All products are distributed by American Skandia Marketing, Incorporated. American Skandia is located at One Corporate Drive, Shelton, Connecticut Shelton is a city in Fairfield County, Connecticut, United States. History
Origins
The town was split off from Stratford in 1789, as Huntington (named for Samuel Huntington).
 06484.

Call 1-800-SKANDIA for a prospectus containing more complete information on charges, expenses and tax consequences. It should be read carefully before you invest or send money. Information about the company and its products can also be found on the company web site at www.americanskandia.com.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Dec 19, 2000
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